The Commodity Futures Trading Commission (CFTC) settled charges with the Bank of New York Mellon for repeatedly failing to correctly report millions of swap transactions to a registered swap data repo...
Read More
Georgia Gov. Brian Kemp on Aug. 22 hosted the first of three small business roundtable listening sessions aimed at informing policy proposals in the upcoming legislative session. During this first ...
Read More
The board of the Federal Deposit Insurance Corporation (FDIC) appointed Carrie Cohen to serve as its independent transformation monitor. In this capacity, Cohen, a partner at Morrison Foerster LLP...
Read More
Poor economic conditions are hampering community improvements efforts in low- to moderate-income communities, according to a new survey spearheaded by the Federal Reserve. The survey, called “Com...
Read More
Dallas-based Intrepid U.S.A. Inc. agreed to pay $3.85 million to resolve allegations that two lines of business for the home healthcare and hospice provider violated the False Claims Act, the U.S. Dep...
Read More
The U.S. Securities and Exchange Commission (SEC) adopted a rule last week that updates the dollar threshold for a fund to qualify as a “qualifying venture capital fund.” The rule updates the ...
Read More
The Conference of State Bank Supervisors (CSBS) has established a new advisory group on the use of artificial intelligence (AI) in the financial services sector. The CSBS Artificial Intelligence A...
Read More
Last year, lending for multifamily properties declined 49 percent from the previous year, according to the Mortgage Bankers Association’s (MBA) annual report of the multifamily lending market. Sp...
Read More
A federal judge on Aug. 20 barred the Federal Trade Commission’s (FTC’s) ban on employment noncompete agreements from taking effect Sept. 4. U.S. District Judge Ada Brown of the Northern Distri...
Read More
The Consumer Financial Protection Bureau (CFPB) ordered Fay Servicing to pay a multi-million-dollar penalty for violations of mortgage servicing laws, as well as violations of a past enforcement order...
Read More